Latest News on private equities market

U.S. appeals court rules against Trump in foreign payments case

U.S. appeals court rules against Trump in foreign payments case

A U.S. federal appeals court on Friday revived a lawsuit claiming President Donald Trump violated the U.S. Constitution by profiting from foreign and domestic officials who patronized his hotels and restaurants, adding to the corruption claims against Trump.



7 years ago
Exclusive: WeWork considers IPO valuation of as low as $10 billion - sources

Exclusive: WeWork considers IPO valuation of as low as $10 billion - sources

WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and $12 billion, a dramatic discount to the $47 billion valuation it achieved in January, people familiar with the matter said on Friday.



7 years ago
New Ms. Monopoly game gets the gender pay gap wrong, critics say

New Ms. Monopoly game gets the gender pay gap wrong, critics say

Critics say the rules of Ms. Monopoly gloss over the troubling forces behind the real-world gender wage gap.

7 years ago
JP Morgan puts traders on leave as Justice Department's criminal investigation continues

JP Morgan puts traders on leave as Justice Department's criminal investigation continues

JP Morgan places two precious metals traders on leave as a criminal probe into the firm's trading practices continues.

7 years ago
IMF has a decision to make in Argentina: rock or hard place?

IMF has a decision to make in Argentina: rock or hard place?

The International Monetary Fund has a tough choice to make in Argentina: Unlock over $5 billion in funds under the country's loan deal as the government strains to stave off default, or hold the money back and risk sparking more market panic.



7 years ago
Solid U.S. retail sales calm some worries about economy

Solid U.S. retail sales calm some worries about economy

U.S. retail sales increased more than expected in August, pointing to solid consumer spending that should continue to support a moderate pace of economic growth.



7 years ago
Factbox: What needs to happen before Boeing's 737 MAX can fly again

Factbox: What needs to happen before Boeing's 737 MAX can fly again

Boeing Co's best-selling jet, the 737 MAX, was grounded globally in March, days after the crash of an Ethiopian Airlines flight that followed a similar Lion Air disaster in Indonesia in October. A total of 346 people died in the two crashes.



7 years ago
'The most important chart in the world' offers a warning sign for stocks

'The most important chart in the world' offers a warning sign for stocks

The benchmark 10-year Treasury note yield tested 1.5% in late August and early September. Another challenge could signal tough times.

7 years ago
Regulating financial innovation – going behind the scenes

Regulating financial innovation – going behind the scenes

FCA | Sep 11, 2019 Speech by Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered at the Cambridge Centre for Alternative Finance annual conference, Judge Business School. Highlights: The UK has led the rest of the world with developments like the regulatory Sandbox, we are very proud of what has been

7 years ago
Apple, Broadcom keep Wall Street gains in check

Apple, Broadcom keep Wall Street gains in check

Losses in shares of U.S. technology majors Apple and Broadcom held the S&P 500 just under record levels on Friday, as traders balanced the latest indicators of an uncertain global growth outlook with perceived progress in Sino-U.S. trade relations.



7 years ago
Trump trade-war aid sows frustration in farm country

Trump trade-war aid sows frustration in farm country

The U.S. government is paying Texas cotton farmer J. Walt Hagood $145 an acre for losses related to U.S. President Donald Trump's trade policies. But Minnesota soybean farmer Betsy Jensen will get just $35 an acre.



7 years ago
PG&E settles wildfire claims with insurers for $11 billion

PG&E settles wildfire claims with insurers for $11 billion

PG&E Corp said on Friday it has reached an $11 billion settlement to resolve most claims by insurance carriers related to 2017 and 2018 wildfires in California.



7 years ago
Max Levchin’s Affirm seeks capital amid surge in fintech funding

Max Levchin’s Affirm seeks capital amid surge in fintech funding

TechCrunch | Kate Clark | Sep 12, 2019 Affirm, founded by PayPal’s Max Levchin, is said to be raising as much as $1.5 billion in a combination of debt and equity, according to people with knowledge of the company’s fundraising activities. Josh Kushner’s New York venture capital firm Thrive Capital is said to be leading

7 years ago
How much you can expect to receive from Social Security if you make $50,000 a year

How much you can expect to receive from Social Security if you make $50,000 a year

Your Social Security benefits are based on income, the year you were born and the age you decide to start taking money out. So what if you earn a $50,000 salary? Here's how your monthly benefit amount is calculated.

7 years ago
Hong Kong exchange vows to press on with $39 billion LSE bid after rebuff

Hong Kong exchange vows to press on with $39 billion LSE bid after rebuff

Hong Kong's exchange refused to give up on its bid to take over the London Stock Exchange after the British bourse emphatically rejected its $39 billion takeover offer on Friday.



7 years ago